Pope County Real Estate and Livability Trends
Pope County, Arkansas has seen its average taxable income per tax return climb from $47,163.82 in 2013 to $61,787.40 in 2021, hinting at a bolstering local economy. Median home values rose steadily, reaching $152,000 in 2022, but still lag behind state and national trends. A notable spike in energy tax credits per return to $2,550.00 in 2018 suggests interest in energy-efficient home... Read more
Pope County Market Trends
Pope County, Arkansas has seen its median home values rise gradually over eight years, hitting $152,000 in 2022, with a rate somewhat lagging behind state and national trends. Real estate taxes have climbed notably, nearly doubling from $1,333.82 in 2012 to $2,427.84 in 2021, indicating rising property values or tax policy changes. Interestingly, energy tax credits per return showed a significant... Read more
Median Value of Occupied Housing Units in Pope County, Arkansas Over the Last 8 Years
Pope County, Arkansas has seen a gradual increase in median home values over the past eight years, peaking at $152,000 in 2022. This growth rate is somewhat consistent with state trends, although Arkansas as a whole saw a slightly higher increase to $162,400 in 2022. Nationally, the rise is more pronounced, with the U.S. median home value reaching $179,400 in the same year. For investors or potential residents, Pope County offers a relatively affordable market compared to national averages, yet it’s also displaying a positive upward trend, which could signal growing property value appreciation locally.
Residential Energy Tax Credit Per Tax Return in Pope County, AR Over the Last 9 Years
Over the past nine years, Pope County, Arkansas has seen significant fluctuations in the average residential energy tax credit per tax return. Starting at $351.61 in 2013, the credit peaked dramatically to $2,550.00 in 2018, indicating a growing investment in energy-efficient home improvements. Such trends suggest prospective investors and property developers consider the potential for substantial tax incentives when planning energy-efficient projects in residential properties. For current and future residents, this pattern reinforces the financial benefits of upgrading energy systems, demonstrating a local commitment to sustainability and cost savings.
Average Real Estate Taxes Per Tax Return in Pope County, AR Over the Last 10 Years
Over the past decade, Pope County, Arkansas has seen a notable increase in average real estate taxes per tax return. Starting from $1,333.82 in 2012, the figure steadily climbed to $2,427.84 by 2021. Particularly dramatic jumps occurred between 2017 and 2018, where the average leaped from $1,622.25 to $2,141.13, and subsequent years continued this upward trend. This trajectory could indicate rising property values or changing tax policies, making it a critical consideration for potential investors and residents aiming to understand long-term cost implications of owning property in the area.
Percentage of Farm Returns in Pope County, AR Over the Last 10 Years
Pope County, Arkansas has experienced modest fluctuations in the percentage of farm tax returns over the past decade, with numbers hovering around 3.97% in 2012, slightly dipping to 3.84% in 2014, and then showing a minor increase to 4.02% in 2017. This trend suggests a stable but subtly declining agricultural tax return rate, highlighting potential challenges or shifts within the local farming industry. For investors, homeowners, or developers considering Pope County, this data might point to evolving economic conditions in the agricultural sector that could impact land use and property values. Farmers' tax returns serve as indicators of the overall health and profitability of agribusiness, influencing decisions on farm investments and developments.
Number of Mortgages by Occupancy Type in Pope County, AR Over the Last 5 Years in Pope County
Pope County, Arkansas has seen varying trends in mortgage counts by occupancy type over the last five years. Principal residences consistently dominate, peaking in 2021 with 3,417 mortgages, while investment and second residences lag significantly behind. Dropping from 3,011 in 2020 to 2,300 in 2022, principal residences still show strong interest, hinting at a stable demand for primary housing. Investment property mortgages remained relatively stable but decreased slightly in recent years. Understanding these shifts in occupancy type is crucial for stakeholders. Investors may see opportunity in a steady yet underrepresented investment property market. For real estate agents and builders, the robust demand for principal residences suggests a target market. Appraisers and insurance agents should consider these trends when assessing risk and property value, as the type of occupancy can significantly impact both. These patterns offer insights into the evolving housing landscape and economic health of the county.
Economic Outlook
Since 2013, Pope County, Arkansas has seen the average taxable income per tax return surge from $47,163.82 to $61,787.40 by 2021, hinting at a bolstering local economy. State and local income taxes nearly doubled between 2012 and 2021, reaching $11,976.00, suggesting a higher cost of living. Average tax liability per return also increased, highlighting potential economic fluctuations and growth. These trends point toward rising incomes and economic activity, signaling Pope County as a... Read more
Average Taxable Income per Tax Return in Pope County, AR over the last 9 years
Over the past nine years, the average taxable income per tax return in Pope County, AR has shown a steady increase, starting from $47,163.82 in 2013 and climbing to $61,787.40 in 2021. This growth indicates a strengthening local economy, potentially making Pope County an attractive destination for investors and new residents looking for economic stability. The notable peak in 2021 could suggest a positive trend in higher-income opportunities within the area.
Average State and Local Income Taxes Per Tax Return in Pope County, AR Over the Last 10 Years
Over the past decade, Pope County, AR has seen a significant rise in average state and local income taxes per tax return, increasing from $6,315.59 in 2012 to $11,976.00 in 2021. While the years 2014 to 2017 saw moderate growth, a steep increase occurred starting in 2018, culminating in nearly double the 2012 amount by 2021. This trend indicates a substantial rise in tax obligations, highlighting an important factor for potential residents evaluating the cost of living in the area.
Average Total Tax Liability Per Tax Return in Pope County, AR Over the Last 10 Years
Over the past decade, Pope County, Arkansas has seen a notable rise in average tax liability per tax return, jumping from $6,998.22 in 2012 to $8,880.70 in 2021. The largest increases occurred between 2013-2014 and 2020-2021, highlighting periods of significant economic fluctuations. Such trends suggest increasing economic activity and potentially rising incomes, which could be of particular interest to investors, potential residents, and developers considering the area. Despite some variances, the overall uptick underscores broader financial growth and may signal a robust local economy.
Cost of Living in Pope County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,054 | $1,319 | $1,862 | $966 | $1,003 |
| 1 adult 4 children | $1,054 | $1,077 | $1,425 | $966 | $1,143 |
| 2 adults 3 children | $1,054 | $1,078 | $1,616 | $966 | $793 |
| 1 adult 3 children | $1,054 | $880 | $1,178 | $966 | $858 |
| 2 adults 2 children | $748 | $882 | $1,369 | $839 | $666 |
| 1 adult 2 children | $748 | $659 | $931 | $839 | $615 |
| 2 adults 1 child | $748 | $697 | $1,122 | $426 | $638 |
| 1 adult 1 child | $748 | $450 | $684 | $426 | $556 |
| 2 adults | $596 | $560 | $875 | $0 | $533 |
| 1 adult | $560 | $305 | $438 | $0 | $500 |
Safety trends & Data
Pope County, Arkansas has experienced property crime fluctuations, with larceny-theft consistently high, peaking at 183 incidents in 2020 but reducing to 110 by 2022. Burglaries spiked to 33 incidents in 2020, declining markedly to 12 in 2022. Motor vehicle thefts saw a slight increase in 2020 but overall remained low. Meanwhile, arson, vandalism, and fraud rates stayed stable. These crime trends might affect real estate values, insurance costs, and investment choices as crime rates can... Read more
Property Crime Trends in Pope County, AR Over the Last 5 Years
Pope County, Arkansas has seen some fluctuations in property crimes over the last five years. Larceny-theft appears to be the most consistently high category, peaking at 183 in 2020 and then declining to 110 in 2022. Burglaries spiked in 2020 to 33 incidents but dropped significantly to 12 by 2022. Motor vehicle thefts have remained relatively low, though there was a subtle increase in 2020. Meanwhile, categories like arson, vandalism, and fraud remained relatively stable. These trends could influence real estate values, insurance rates, and investment decisions in the area as crime rates can impact community desirability and risk assessments.
Demographics
Pope County, Arkansas, has a nearly balanced adult population with slightly more females than males. The educational attainment reveals a significant portion of adults have completed high school, though many have not pursued further education beyond some college or an associate degree. The age distribution is varied, yet there's a noticeable concentration in the younger age brackets under 34 years. The racial makeup is predominantly White, with smaller representations from Black or African... Read more
Race Distribution in Pope County, Arkansas (2022)
Educational Attainment in Pope County, Arkansas (2022)
Age Distribution in Pope County, Arkansas
Citizen Population in Pope County, Arkansas (2022)
Political Trends & Data
Pope County, Arkansas, indicates a pronounced Republican preference with the party securing around 74% of the votes in the 2020 U.S. Presidential Election. The Democratic party garnered about 24%, and minor parties collectively received just over 2%. These results underscore a significant Republican alignment in the county, aligning with broader political patterns in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pope County, Arkansas, the 2020 U.S. Presidential Election results appear to heavily favor the Republican party, which garnered around 74% of the votes. The Democratic party followed with roughly 24%, while the Libertarian and Green parties, along with other candidates, collectively account for just over 2%. This suggests a strong Republican leaning in Pope County, reflecting broader state and regional tendencies in Arkansas politics.
74.01% of voters voted for the Republican party in the 2020 Presidential Election
23.62% of voters voted for the Democrat party in the 2020 Presidential Election
0.98% of voters voted for the Livertarian party in the 2020 Presidential Election
0.22% of voters voted for the Green party in the 2020 Presidential Election
1.17% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Pope County, Arkansas has consistently stayed below the national average, fluctuating between nearly 13 and 12 students per teacher over the past decade, and notably dropping to around 12 students per teacher in 2020 and 2021. This trend could hint at smaller class sizes and potentially higher quality education, making it an appealing factor for those looking to move to, invest in, or build property in the area. This aspect of the local education system could be... Read more
Student-to-teacher ratio in Pope County, Arkansas over the last 10 years
The student-to-teacher ratio in Pope County, Arkansas has been consistently below the national average of 14 students per teacher over the past decade, fluctuating between nearly 13 and 12 students per teacher, and notably dropping to around 12 students per teacher in 2020 and 2021. This lower ratio might indicate smaller class sizes, potentially leading to more individualized attention for students and higher quality education overall. For those looking to move to, invest in, or build property in Pope County, this trend may be attractive as it suggests a commitment to maintaining manageable class sizes in schools, which can be an appealing aspect of the local education system. Real estate agents and appraisers, as well as insurance agents, might see this as a positive attribute when evaluating property values and the community’s appeal.
